Banks and regulators have begun reviewing SWIFT-related information security practices following the online heist of $81 million from Bangladesh Bank. Authorities say much of that money is still missing, and authorities say most of the funds stolen in the Bangladesh Bank heist were laundered via casinos in the Philippines. The Bank of England has ordered banks across the country to outline what steps they had taken to lock down their systems in the wake of the hack attack. Some security experts say SWIFT could – and should – be doing more – to update the “accurate but weak” security guidance that it currently offers.”]
Source: https://www.cuinfosecurity.com/banks-regulators-react-to-swift-hack-a-9118